Koay was head of investment at Etiqa Insurance Singapore and AXA Life Insurance Malaysia, while Yang moves from her role as investment director of quantitative analytics at Aberdeen.
The agreement expands LIC’s reach by adding YES Bank’s 1,295 branches and 235 business correspondent outlets to its network of more than 3,600 locations.
Shareholders have backed the sale of Fortegra to South Korea's DB Insurance, which would mark the first-ever acquisition of a U.S. insurer by a Korean non-life insurer.
S&P raised Income Insurance’s stand-alone credit profile to ‘a+’ and maintained its stable outlook, citing improved capital clarity and continued government support expectations.
Marcus Thomas, Brett Gardiner, Shawn Anderson, Ben Hissey, and Angelo Maniatis have all taken new leadership roles following Liberty’s recent regional business integration.
China Taiping finds itself on both sides of the claims ledger following Hong Kong's deadly Tai Po fire, with its reinsurance subsidiary among three confirmed reinsurers backing the group's primary insurance...
